The Middleby Corporation

NasdaqGS:MIDD Stock Report

Mkt Cap: US$8.3b

Middleby Management

How experienced are the management team and are they aligned to shareholders interests?

3.9yrs

Average management tenure


CEO

Tim FitzGerald (52 yo)

3.92yrs

Tenure

US$9,406,995

Compensation

Mr. Timothy J. FitzGerald, also known as Tim, has been Chief Executive Officer and Director since February 16, 2019 and served as the Chief Financial Officer of The Middleby Corporation (formerly known as...


CEO Compensation Analysis

How has Tim FitzGerald's remuneration changed compared to Middleby's earnings?
DateTotal Comp.SalaryCompany Earnings
Oct 01 2022n/an/a

US$406m

Jul 02 2022n/an/a

US$478m

Apr 02 2022n/an/a

US$485m

Jan 01 2022US$9mUS$975k

US$488m

Oct 02 2021n/an/a

US$438m

Jul 03 2021n/an/a

US$322m

Apr 03 2021n/an/a

US$223m

Jan 02 2021US$5mUS$975k

US$207m

Sep 26 2020n/an/a

US$264m

Jun 27 2020n/an/a

US$286m

Mar 28 2020n/an/a

US$357m

Dec 28 2019US$7mUS$975k

US$352m

Sep 28 2019n/an/a

US$338m

Jun 29 2019n/an/a

US$329m

Mar 30 2019n/an/a

US$321m

Dec 29 2018US$4mUS$850k

US$317m

Sep 29 2018n/an/a

US$297m

Jun 30 2018n/an/a

US$299m

Mar 31 2018n/an/a

US$293m

Dec 30 2017US$587kUS$575k

US$298m

Sep 30 2017n/an/a

US$304m

Jul 01 2017n/an/a

US$305m

Apr 01 2017n/an/a

US$300m

Dec 31 2016US$5mUS$575k

US$284m

Compensation vs Market: Tim's total compensation ($USD9.41M) is about average for companies of similar size in the US market ($USD7.98M).

Compensation vs Earnings: Tim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Timothy FitzGerald
CEO & Director3.92yrsUS$9.41m0.62%
$ 51.2m
Bryan Mittelman
Chief Financial Officer3.92yrsUS$3.04m0.028%
$ 2.4m
James Pool
Chief Technology & Operations Officer1.92yrsUS$3.40m0.043%
$ 3.5m
Martin Lindsay
Treasurer20.92yrsUS$2.68m0.14%
$ 11.8m
Steven Spittle
Chief Commercial Officer1.92yrsUS$3.33m0.032%
$ 2.6m
Partha Biswas
Division President of Middleby India & Global Chief Information Officer9.17yrsno datano data
Darcy Bretz
Director of Corporate Communicationsno datano datano data
Selim Bassoul
Consultant3.92yrsUS$9.23mno data
David Abi
President of CookTek and President of Carter-Hoffmann3.42yrsno datano data
George Koether
Group President of business operations in Asia1.92yrsno datano data
Magdy Albert
President Food Processing Groupno dataUS$583.49kno data
Ousama Sidani
VP of Supply Chain & Group President of Houno A/S14yrsno datano data

3.9yrs

Average Tenure

54.5yo

Average Age

Experienced Management: MIDD's management team is considered experienced (3.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Timothy FitzGerald
CEO & Director3.92yrsUS$9.41m0.62%
$ 51.2m
Gordon O'Brien
Independent Chairman of the Board17.67yrsUS$255.14k0.071%
$ 5.9m
John Miller
Independent Director45yrsUS$250.14k0.020%
$ 1.7m
Cathy McCarthy
Independent Director7.17yrsUS$250.14k0.013%
$ 1.1m
Sarah Chapin
Independent Director9.17yrsUS$245.14k0.011%
$ 913.3k
Robert Nerbonne
Independent Director3.42yrsUS$230.14k0.036%
$ 3.0m
Nassem Ziyad
Independent Director5.67yrsUS$230.14k0.019%
$ 1.5m

7.2yrs

Average Tenure

60yo

Average Age

Experienced Board: MIDD's board of directors are considered experienced (7.2 years average tenure).